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735 Wagon Mound Hwy #120, Roy, NM, 87743

3beds
2baths
0sqft
$495,000
--price/sqft
$2,979/moest. monthly cost
$119,160/yrincome needed

About This Home

Roy Rancho - A View Worth Living For Step out your back door and into a panorama of endless blue skies, rugged mesas, winding canyons, and distant mountains. Discover the peace and freedom of wide-open spaces with this beautiful 3-bedroom, 2-bath home set on a permanent foundation and nestled on 127 acres just outside Roy, NM. This well-maintained home features a metal roof, a 40' x 40' x 18' metal shop, new boundary and interior fencing, and newly cut interior roads for easier access. Enjoy the views from the Trex composite deck or large covered porch. Just minutes from Conchas and Ute Lakes and about an hour from skiing, hunting, and more.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

--
Wagon Mound High SchoolGrades 7-120.5 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Interior Area

  • Total structure area: 0

Property

Details

  • Zoning description: 9000 - All Areas in the 9000's

Features

  • Topography of land: Level,Rolling

Lot

  • Lot size: 121 Acres

Parking

  • Parking features: RV Access/Parking

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Wildfire
    WildfireVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Wildfire
Inland Flooding
Lightning
Winter Weather
Drought
Hail
Landslide

FEMA Declared Disasters in Mora County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,502$30,024
Home Insurance *$123$1,476
Property Taxes $206$2,472
Electricity $148$1,780
Total$2,979$35,748
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,137/yr
40% on housing$89,370/yr
45% on housing$79,440/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 33.7%
33.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 87743
Mora County$273

vs Homes Sold Last Month

Median $/sqft

ZIP 87743
Mora County$326

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-27Listed for sale$495,000
2026-04-06Contingent$495,000
2025-10-06Price change$495,000
2025-08-06Listed for sale$595,000
2025-08-04Pending sale$595,000
2025-07-31Listed for sale$595,000

For Sale by Agent

AgentDana Petty
BrokerageUnited Country Real Estate/Caprock Properties & Auction

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